Friday, October 26, 2012
Cantor Gaming Director Arrested In Illegal Sportsbetting Ring
Colbert was not the only person charged as online gambling website PinnacleSports.com owners were also among 25 individuals arrested by law enforcement agents in the U.S. in as a part of a multi-million dollar illegal sports betting ring.
Colbert, 32, was booked into the Clark County Detention Center. He faces eight counts of conspiracy, money laundering and enterprise corruption and is scheduled to appear Monday in Clark County District Court.
“The defendants are accused of operating an incredibly lucrative illegal gambling operation – taking in more than $50 million in a year and a half. Such unlawfully earned profits are often – and easily – diverted to more insidious criminal enterprises,” said Queens District Attorney Richard A. Brown.
Gaming and legal sources on Wednesday had said the matter did not involve Cantor Gaming and was unrelated to its business in Las Vegas. The company declined comment Thursday on Markling’s statement.
Read More: http://www.casinoscamreport.com/2012/10/26/cantor-gaming-director-arrested-in-illegal-sportsbetting-ring/
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